Archived News for Finance Sector Professionals
States split in budget response
There has been a mixed reaction from the states to the federal budget, linked largely to the political allegiances of state governments.
Betting ban to bookend big games
The Federal Government is banning gambling advertising before 8:30pm during live sporting events.
Blackout payback questioned
Tens of thousands of Adelaide householders and businesses will miss out on compensation payments for last year’s blackouts.
TV switched for sweeter deal
The Commonwealth is making it cheaper and easier for major broadcasters to control Australian markets.
Woodside wants east to reach over
WA gas giant Woodside says if the eastern states want gas, they can come and get it.
RBA boss issues debt warning
Reserve Bank governor Philip Lowe says wage growth needs to increase to help the Australian economy become more resilient to issues of burgeoning household debt.
Santos denies gas worries
Santos has faced some awkward shareholder questions at its AGM about new government export controls.
Calls for extended IA pipeline
The local government sector has backed the Federal Government’s “good debt” infrastructure plans.
GST re-think launched
Federal Treasurer Scott Morrison has ordered an independent inquiry into the carve-up of GST revenue.
School money reshuffled
The Federal Government has unveiled plans for ‘Gonski 2.0’, a re-jig of recent school funding models.
Uni money tightened
University students will pay up to $3600 more for their degrees under a proposed tertiary education overhaul.
Community renewables gaining capital
Investors are snapping up opportunities in the community-funded renewable energy sector.
Government to force gas onshore
The Federal Government will impose export restrictions to secure domestic gas supplies.
Building billions set for return
The Turnbull Government could unveil up to $50 billion worth of infrastructure spending in May's budget.
Clean power requires batteries and backing
The CSIRO says an active transition to a zero-carbon electricity system will need financial incentives.
Footy firms to fight gambling change
Australia’s big sporting codes are scrambling to kill plans to restrict gambling advertising.
ACCC to probe gas contracts
The ACCC is investigating confidential gas contracts and the documents behind them.